PEJ - Invesco Dynamic Leisure and Entertainment ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
43.36
-0.07 (-0.17%)
At close: 3:23PM EDT
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Previous Close43.44
Open0.00
Bid39.10 x 2900
Ask43.37 x 2900
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume2,317
Net Assets58.32M
NAV43.44
PE Ratio (TTM)N/A
Yield0.47%
YTD Return9.39%
Beta (3Y Monthly)0.96
Expense Ratio (net)0.63%
Inception Date2005-06-23
Trade prices are not sourced from all markets
  • 5 Restaurant ETFs to Sink Your Teeth Into
    InvestorPlace

    5 Restaurant ETFs to Sink Your Teeth Into

    There are dozens of upon dozens of industry exchange traded funds (ETFs) on the market today. These products range from the benign and prosaic, including aerospace and defense, biotechnology and internet stocks, to the controversial (think casinos and cannabis, just to name a few) and everything in between.What is interesting about the current lineup of industry ETFs is that there are no dedicated restaurant ETFs. Once upon a time, there were, but those funds didn't gain traction with investors and went to the ETF graveyard, indicating that not all themed ETFs will find receptive audiences.ETFs or not, some restaurant stocks, broadly speaking, are soaring. McDonald's (NYSE:MCD) is one the best-performing names in the Dow Jones Industrial Average this year. Starbucks (NASDAQ:SBUX) recently hit record highs and Chipotle Mexican Grill (NYSE:CMG) has regained its growth story status.InvestorPlace - Stock Market News, Stock Advice & Trading TipsData support the restaurant stock these. About 56% of Americans go out to eat or have food delivered two to three times a week. By some estimates, a third of all Americans indulge in fast food everyday. Yes, there's plenty of controversy surrounding fast food companies, but there's also ample credibility in the restaurant investment niche. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars In lieu of dedicated funds, here are some pseudo restaurant ETFs to consider. Invesco Dynamic Leisure and Entertainment ETF (PEJ)Source: Shutterstock Expense ratio: 0.63% per year, or $63 on a $10,000 investment.The Invesco Dynamic Leisure and Entertainment ETF (NYSEARCA:PEJ) is a more than adequate replacement for a dedicated restaurant ETF. The fund holds 30 stocks, 11 of which are restaurant fare. That group includes the aforementioned Chipotle, McDonald's and Starbucks as well as several other fast food and fast casual names.PEJ follows the Dynamic Leisure & Entertainment Intellidex Index and that benchmark "is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value," according to Invesco.What that means is that PEJ status as a restaurant ETF is fluid. Potentially, there will be times when the fund holds more than restaurant stocks than it currently does and times when its restaurant exposure is than it is today. Invesco Dynamic Food & Beverage ETF (PBJ)Source: Shutterstock Expense ratio: 0.63%The Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ) is very similar to the aforementioned PEJ. However, PBJ is a little bit less of a restaurant ETF. Both ETF follows the same index methodology, but PBJ has a significantly larger tilt to the consumer staples sector.That said, PBJ does allocate over a quarter of its weight to consumer discretionary stocks, the sector where restaurant names reside. As such, six of the fund's seven consumer cyclical holdings are dining out names, giving PBJ some chops as a restaurant ETF. * 7 Momentum Stocks to Buy On the Dip Restaurant stocks in this fund include Chipotle, McDonald's and Starbucks as well as Yum! Brands (NYSE:YUM), among others. Global X Millennials Thematic ETF (MILN)Source: Shutterstock Expense ratio: 0.50%Due to the dearth of true restaurant ETFs, some stretching is necessary here. The GlobalX Millennials Thematic ETF (NASDAQ:MILN) is a stretch as restaurant ETF as just 5.30% of its weight is allocated to the industry and about 60% of that exposure is devoted to a single stock -- Starbucks -- but there are some other reasons to consider MILN.MILN touches a broad range of sectors and themes that millennials are driving, including "social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services," according to Global X.MILN may not be the restaurant ETF some investors are hoping for, but it is a nifty, tactical play on a burgeoning demographic that's growing its wealth and spending power. Plus, MILN is up 29% year-to-date. That's pretty impressive. Invesco S&P SmallCap Consumer Discretionary ETF (PSCD)Source: Shutterstock Expense ratio: 0.29%In terms of number components, the Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ: PSCD) is a realistic alternative to a true restaurant ETF. More than 10 of PSCD's 97 holdings are restaurant stocks, reflecting the small-cap status of many of dining names.Perhaps surprisingly, PSCD's allocations to growth and value stocks are nearly even. That's noteworthy because the consumer discretionary sector is usually seen as a growth destination. Add in the small-cap overlay, and that growth profile is often enhanced. * 7 Tech Stocks You Should Avoid Now There are some risks with PSCD. It's usually more volatile than a traditional, broad-based small-cap ETF. Second, because it's a small-cap fund, Amazon.com (NASDAQ:AMZN), the king of large-cap consumer cyclical stocks, doesn't reside in this fund, creating a performance gap relative to large-cap competitors. Principal Millennials Index ETF (GENY)Source: Shutterstock Expense ratio: 0.45%Another millennials fund and another stretch to restaurant ETF reality, but the Principal Millennials Index ETF (NASDAQ:GENY) holds a few restaurant stocks and is cheaper than its aforementioned rival."They [Millennials] communicate heavily on social media platforms, consume hours of digital content per day, are physically very mobile, prefer to shop online rather than in stores, tend to be more health-focused than members of other generations, and prefer experiences over physical goods," says Nasdaq.The experiential element of millennial proclivities could bode well for restaurant shares going forward and GENY has more of a global kicker than the rival millennials ETF. GENY, which follows the Nasdaq Global Millennial Opportunity Index, allocates about half its weight to ex-US stocks while MILN mainly a domestic fund."We believe that the companies that effectively cater to Millennials' predilections will penetrate a consumer base of 90-million strong and therefore are more likely to outperform the broad market over the long term," according to Nasdaq.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post 5 Restaurant ETFs to Sink Your Teeth Into appeared first on InvestorPlace.

  • Ride the Millennial Wave With These ETFs
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  • Should You Stay Shy Of These ETFs on Disney's Q3 Miss?
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  • 5 ETFs to Profit From July Fourth Celebrations
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    5 ETFs to Profit From July Fourth Celebrations

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  • ETFs to Gain on Disney's Strong Earnings
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    ETFs to Gain on Disney's Strong Earnings

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  • Disney ETFs in Focus Ahead of Q2 Earnings
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    Disney ETFs in Focus Ahead of Q2 Earnings

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  • ETFs in Focus After Starbucks' Q2 Earnings Report
    Zacks

    ETFs in Focus After Starbucks' Q2 Earnings Report

    Here we discuss the impact of Starbucks' Q2 earnings results on certain ETFs with high exposure to the coffee giant.

  • ETF Trends

    Can Disney Give These 3 ETFs Fairy Tale Gains?

    Amid a wall of worry surrounding first quarter-earnings pessimism and slowing global growth, there was a Cinderella story to be had as shares of Walt Disney Corp rose over 1 percent. Disney stock has been shackled to a range of $100 to $120 the last four years, but it appears the company is ready to break free with its latest moves toward being a multimedia powerhouse. An $81.2 billion move at 21st Century Fox just added networks like National Geographic and FX to help bolster Disney's current lineup of ABC, ESPN, Pixar, Marvel, and Star Wars.

  • Basket These 5 ETFs to Tap March Madness
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    Basket These 5 ETFs to Tap March Madness

    These ETFs are expected to benefit from the March Madness and the huge revenue generation scope for media, advertisers as well as casinos.

  • Job Growth Almost Halts in US: Sector ETFs in Focus
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    Job Growth Almost Halts in US: Sector ETFs in Focus

    These sector ETFs can gain/lose after the lackluster U.S. jobs report for the month of February.

  • Time to Tap Disney ETFs Post Earnings?
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  • Non-Hotel Business to Drive TripAdvisor’s Q4 Revenues
    Market Realist

    Non-Hotel Business to Drive TripAdvisor’s Q4 Revenues

    What to Expect from TripAdvisor’s Q4 Earnings(Continued from Prior Part)Struggling hotel business TripAdvisor (TRIP) struggled throughout 2016 and 2017 due to the weak performance from its Hotel segment, which weighed on the globally known online

  • ETF Trends

    Leisure & Hospitality Dominate Latest Job Growth Data

    Job growth during the month of January bested expectations as nonfarm payrolls gained 304,000, according to the latest data from the Labor Department. Of that growth, the majority came from the leisure and hospitality as hiring in restaurants, bars and casino grew. "In January, employment grew in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing," the Labor Department said in a release.

  • Go Into Show Business With These Value Stocks
    Kiplinger

    Go Into Show Business With These Value Stocks

    When times are tough, people are still willing to spend a buck to be amused.

  • Starbucks Posts Strong Q1 Earnings: ETFs to Watch
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    Starbucks Posts Strong Q1 Earnings: ETFs to Watch

    Starbucks ETFs could experience some positive pricing action post strong Q1 fiscal 2019 results.

  • Non-Hotel Segment: TripAdvisor’s Key Revenue Growth Driver
    Market Realist

    Non-Hotel Segment: TripAdvisor’s Key Revenue Growth Driver

    Will TripAdvisor Stock Keep Its Momentum Alive in 2019? TripAdvisor (TRIP) is one of the well-known travel sites globally. In the last few years, the company has been focusing more on its non-hotel businesses to drive its revenues and margins.

  • TripAdvisor in 2018: Fourth-Best Performer in the S&P 500
    Market Realist

    TripAdvisor in 2018: Fourth-Best Performer in the S&P 500

    Will TripAdvisor Stock Keep Its Momentum Alive in 2019? The US stock market, which started 2018 on a highly volatile note, became even wilder by the end of the year. All of the major indices witnessed the worst yearly performance in a decade.

  • Analysts Are Bullish on US Airline Stocks
    Market Realist

    Analysts Are Bullish on US Airline Stocks

    Analysts have provided “buy” recommendations on most of the stocks in the airline industry (PEJ). The stocks include Goldman Sachs (GS) and Credit Suisse’s (CS) favorite picks. Goldman Sachs’ top picks are American Airlines (AAL) and Alaska Air Group (ALK). Apart from Alaska Air, Credit Suisse’s favorite picks also include Delta Air Lines (DAL) and United Continental (UAL).

  • ETF Trends

    A Leisure & Entertainment ETF For December

    Many investors often think of retail stocks and exchange traded funds as being solid ideas at this time of year, but another corner of the consumer discretionary sector could deliver during the holiday season. The Invesco Dynamic Leisure and Entertainment Portfolio (PEJ) is an ETF that often performs well in the month of December. PEJ targets the Dynamic Leisure & Entertainment Intellidex Index.

  • Benzinga

    An ETF With An Enviable December Track Record

    Knowing that consumer discretionary stocks and ETFs can be rewarding in December is just one part of the equation. Over the past 10 Decembers, PEJ has generated positive returns 90 percent of the time with an average gain of 3.49 percent, according to Schaeffer's data.

  • How Expedia Performed in Q3 2018
    Market Realist

    How Expedia Performed in Q3 2018

    Expedia (EXPE) reported mixed third-quarter results in October. Its EPS surpassed analysts’ estimate, but its top line missed the estimate. However, the company marked YoY (year-over-year) improvements on both counts.

  • Expedia to Gain from Rising Online Travel Platform Demand
    Market Realist

    Expedia to Gain from Rising Online Travel Platform Demand

    In the last decade, the dynamics of the travel industry have drastically changed. More and more travelers are moving to online travel booking agencies rather than traditional ones. In the past few years, online travel booking agencies have gained significant momentum due to increased mobile and online penetration across the world.

  • Wall Street Expects Expedia Stock to Surge More than 30%
    Market Realist

    Wall Street Expects Expedia Stock to Surge More than 30%

    Expedia (EXPE) could be an intriguing stock to watch, according to Wall Street analysts’ latest ratings. Given Wall Street’s one-year forward price target of $148.07, EXPE has a potential upside of 32.7% from its current price of $111.62. The optimism surrounding Expedia stock can be attributed to its back-to-back quarters of strong bottom line results.

  • Brexit Draft Deal Makes These Sector ETFs a Must-See
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  • Online Travel Agencies’ Stocks Fell on November 9
    Market Realist

    Online Travel Agencies’ Stocks Fell on November 9

    On November 9, most online travel agency shares fell after CNN Business reported deep concerns about the slowing Chinese economy. Since the travel sector is highly sensitive to macroeconomic factors, any uncertainty in the global economy will likely have a negative impact on the companies’ prospects in the travel space. Online travel agencies stocks including Ctrip.com International (CTRP), TripAdvisor (TRIP), Booking Holdings (BKNG), and Expedia (EXPE) have lost 6.3%, 5.4%, 2%, and 1.1%, respectively, on November 9. The Invesco Dynamic Leisure and Entertainment ETF (PEJ), which invests in US entertainment and leisure industry stock, fell ~1% on November 9.